Matthew Broderick and Sarah Jessica Parker got into a fight on the platform of the downtown C/E train at 23rd Street. Alpha Media head Kent Brownridge married Hearst publicity head Alexandra Carlin at the Gordon Ramsay restaurant. Artie Lange tried unsuccessfully to get four Dallas Cowboy cheerleaders to disrobe on the Howard Stern show. A lot of foodies showed up at the preview of Alain Ducasse's wine-themed restaurant, Adour, in the St. Regis. Bruce Springsteen waited a half hour for a lunch table at the Turning Point in Long Branch. Cindy Adams says Heath Ledger once tried to avoid her by saying, "You people from the press are not nice to me," but that he smiled while saying it. Liz Smith approves of the fact that Jenna Bush is getting married in Crawford, Texas, and not the White House.
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Christmas is a time for giving, and lest we forget, it is also a time for sacrifice. This year, James Cayne and the other top executives at Bear Stearns are making the ultimate sacrifice: They've decided to forgo their year-end bonuses. Because they have enough money? Because they decided to donate it to the children of Darfur? Because J.C. hit it big at bridge? Eh, no. Ostensibly this decision has come about because they're gearing up to announce some pretty shameful fourth-quarter results tomorrow, and after losing $1.6 billion in investor money this year, pocketing what little is left would look kind of bad. So instead they're divvying up the small pool left over from what they didn't blow on subprime mortgages and giving it to players in the firm in hopes that they don't jump over to, say, Goldman Sachs.
Bear Stearns Chiefs to Skip Bonuses [WSJ]
Update: It's a trend! After announcing a $9.4 billion writedown, Morgan Stanley CEO John Mack is foregoing his bonus, too. Somewhere, Zoe Cruz is snickering.
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